Post by account_disabled on Jan 3, 2024 16:55:06 GMT 10
Selic Corp Public Company Limited (SELIC) is confident in this year's turnaround performance. After showing the budget for the first half of this year, raked in a profit of 45.21 million baht, an increase of 849.79%, the highest in 3 years, and earned an income of 713.69 million baht, an increase of 138.72%. On the management side, "Ek Suwattanapim" Chief Executive Officer Reinforcing the bright outlook for the rest of the year. Reflects plans to expand industrial adhesives - stickers and labels business Including developing new products - expanding the customer base to new groups. Mr. Ek Suwatanaphim, Chief Executive Officer of SELIC Corp. Public Company Limited, revealed that the company reported operating results Jan. - June 2019 with a profit of 45.21 million baht, growing 849.79% from the first half of the year. In the first year of 2018, there was a profit of 4.76 million baht and an income from January - June 2019 of 713.69 million baht, an increase of 138.72% from the first half of 2018 with an income of 298.96 million baht, which is considered a record performance.
This is the highest performance in the past 3 years, making the Group quite Email Data confident that its performance for the rest of the year will be in line with its goals. For the main factors that operating results grow from Starting to consolidate financial statements with PMCT, where we will see synergy that has already started in some areas in the second quarter, such as the sale of liquid glue from the industrial adhesive business into the sticker business. Integration of accounting systems from all subsidiaries together Basic management of internal control systems In the remaining quarters of the year, there will be a gradual increase in the scope for synergy and preparation of both businesses continuously throughout the year, whether it be Personnel development In terms of using the specialized expertise of personnel and various tools In promoting each other and expanding marketing channels, Mr. Ek added that the company expects operating results for the rest of the year to continue to be good.
Overall, this year the company Still focusing on expanding the business in both the industrial adhesive business and sticker and label business and emphasizes the importance of expanding the growth of both businesses by adding new markets. In addition, the company will aggressively expand existing markets through product development. and services that have customer needs as an important part Including developing new products and expanding the customer base to new groups. This makes the entire year confident that operating results will return to a turnaround. He concluded by saying that the company expects to be able to maintain its operating performance continuously and is ready to leverage and promote each other from both businesses to achieve the best results. Both in profit and sales growth Including cost management. In addition, the company reported operating results in the second quarter of 2019 with a net profit of 21.29 million baht, an increase of 392.3% when compared to the second quarter of 2018 with a net profit of 4.32 million baht and income. was at 354.36 million baht, an increase of 127.2% compared to the second quarter of 2018 with income of 155.94 million baht.
This is the highest performance in the past 3 years, making the Group quite Email Data confident that its performance for the rest of the year will be in line with its goals. For the main factors that operating results grow from Starting to consolidate financial statements with PMCT, where we will see synergy that has already started in some areas in the second quarter, such as the sale of liquid glue from the industrial adhesive business into the sticker business. Integration of accounting systems from all subsidiaries together Basic management of internal control systems In the remaining quarters of the year, there will be a gradual increase in the scope for synergy and preparation of both businesses continuously throughout the year, whether it be Personnel development In terms of using the specialized expertise of personnel and various tools In promoting each other and expanding marketing channels, Mr. Ek added that the company expects operating results for the rest of the year to continue to be good.
Overall, this year the company Still focusing on expanding the business in both the industrial adhesive business and sticker and label business and emphasizes the importance of expanding the growth of both businesses by adding new markets. In addition, the company will aggressively expand existing markets through product development. and services that have customer needs as an important part Including developing new products and expanding the customer base to new groups. This makes the entire year confident that operating results will return to a turnaround. He concluded by saying that the company expects to be able to maintain its operating performance continuously and is ready to leverage and promote each other from both businesses to achieve the best results. Both in profit and sales growth Including cost management. In addition, the company reported operating results in the second quarter of 2019 with a net profit of 21.29 million baht, an increase of 392.3% when compared to the second quarter of 2018 with a net profit of 4.32 million baht and income. was at 354.36 million baht, an increase of 127.2% compared to the second quarter of 2018 with income of 155.94 million baht.